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FOX Business
Dec 8, 2013 1:30am EST
are going to deliver the best business blockext. neil takes it away. >>> pump it, then tax it. i don't know about you, you've had enough of it. welcome, everybody. follow the money if you can even find the money. because it is not easy to get t of the democratic congressman when he's looking for money. not just a little more money. oregon's guy wants to double the taxes because he says our infrastructure needs the dough. i asked can you spell out for me congressman where that $42 billion has gone? >> the sbujt available for every state. the budget is available for every state. >> if the goal was to fix roads and bridges, and they're still, accurately to your point, falling apart, me think somee has stolen it, someone it was taken it. >> wow. >> wow is right. i should never have interviewed somebody with a bicycle pin on their lapel but that's neither here nor there. here's the deal, if we're already collecting more, than 120 million buck each year to fix our roads and bridges. i haven't factored in the $800 million in stimulus money that was supposedly going to shovel ready road jobs, are p
FOX Business
Dec 8, 2013 9:00am EST
, the horrific tax code, less opportunity for people to rise up. >> rick, he is criticizing something that happened under his watch. >> yeah, here's the problem that i have. first of all, and john will love hearing me say this. i'm not sure that government is a big answer. >> we are all happy to hear you say that. >> i knew you would be. but here's the problem. most people analyze this in terms of do you think obama's policies produce growth, anti-growth. growth is actually not the issue because it only matters if it's shared. if a company that's making $14 billion in profits this year makes $20 billion next year, what's the difference if they don't are the benefit? >> but john, it is kind of the issue because sometimes a rising tide lifts all boats to quote john f. kennedy, rick's favorite president. if you look at what happened under the reagan term, the lower 20% and the top 20% increased by double digits after those tax rate cuts. >> i'm one of those people who believes that income and equality is unrelentingly beautiful. when that expands that means that life-style and equality i
FOX News
Dec 4, 2013 1:00pm PST
, a three-step phase-in a 15-cent gas tax increase. the first increase in 20 years. >> well, he said he would do it, and today he d. i just last night asked pointblank why the heck he was. there are a lot of people listening it this. this congressman is talking about -- >> don't trash security councci- >> if the gas tax, acting like it's no big deal. >> i didn't say it was not a big deal. i said it is a big deal. it's very important. the ability to fund transportation because we haven't raised the gas tax in 20 years -- >> you can't account for the money that's been allocated already, that's committed already. >> absolutely you can. look at your communities in terms of the bridge construction, the maintenance. onestly believe working with the folks that you do that the money you might get from this gas tax is going to be used exclusively and only for repairing roads and bridges and fixing our highways? do you think that's really going to be the case? does the history with the people you work with indicate that that will ever be the case, really? >> why do you say that? where do you thin
CSPAN
Dec 7, 2013 6:00am EST
a few things that were on our list that we just had to get done. the tax code had to work, education had to work. you had to have regulatory system that worked. you had to be fast on the dime in working with the private sector because they could take their investment and go elsewhere real fast. so we had our own little strategy. and i would guess that you sitting down, what is the strategy for hawaii? what is it that you must get ght to survive in the 21st century? and that then define what is you need to do even if you find yourself in the minority position. >> did i hear you correctly are you the only republican in the tate senate? >> i'm actually in the house. but there is one senator out of 25 in the senate and there are 7 out of 51 in the house. so we are eight out of 76. >> we're trying to change your dynamic. >> well, the united states capitol there's a saying in the house that the other political party is the opposition. but the enemy, the enemy is the senate. so i guess we temporarily lumped you in with the enemy. so we're sorry about that. it sounds like your side emphasizes qu
FOX Business
Dec 4, 2013 11:00am EST
that. by your gifts online, paying tax, others don't, supreme court doesn't want to get in the middle of it. judge andrew napolitano has no problem getting in the middle of that. and then, consolidating your wallet into just one card. the high-tech idea could be the way we shop in the future. it is all coming up along with dagen mcdowell on "markets now." dagen: giddyup. changing out of the shirt you had done earlier and now you look more businesslike. connell: i will take that as a complement on both sides. i have no other choice but to check the market and talk to the judge. dagen: we have to hit your slender. we have gains on the market right now despite the better-than-expected numbers from adp, nicole petallides at the new york stock exchange. nicole: you mentioned adp, which was better. we also got new hom home sales numbers better than expected, we are seeing the market with three straight days of selling and they might have scooped up some opportunity. right now dow jones industrial of 41 points, a gain of one quarter of 1%. microsoft hitting new highs, goldman sachs and unite
CSPAN
Dec 9, 2013 12:30pm EST
financial institutions be willing to take on failing institutions when they might be taxed with the result? so, that's one issue of policy that we have to look at carefully. the committee was also concerned about one other thing that, which is really to me, in particular, and to other members of the committee, particularly troubling. and that is, that the, the charges that were placed against jpmorgan came after the chairman of the bank started to take on the government's policy in a number of areas. he was critical, i'm talking here of jamie dimon. he was critical of the, of the dodd-frank act and was critical of many other regulatory policies of the government. and, at the same time, he was in a sense, a spokesman for thing industry but an individual who was the chairman of a large bank then following those criticisms, came all of these charges against jpmorgan chase, which had previously been thought to be one of the healthiest and best-managed banks. so, the worry here is that the lesson that the government is, or the message that the government is sending is that, if you criticize the
CSPAN
Dec 1, 2013 9:30pm EST
, more spending, and more taxing. that is what would drive up interest rates, that is what would hit the cost of living and that is what every family in this country should dread. >> order. >> you're been watching prime minister's questions. question time cares on c-span2 every wednesday. again on sunday night at 9:00 p.m. eastern on c-span. you can watch anytime at c- span.org. on the next washington journal, what to expect from healthcare.gov afternoon fixes. scott wilson joins us. health careon state exchanges and online enrollment compared to the federal exchange. in recognition of the 150th anniversary, a discussion about the law and dealing with whistleblowers and its effectiveness. plus, your calls, e-mails and tweets on "washington journal" on c-span. social media is an old idea. we think it is recent and only people alive today have done it. there's a very long and rich tradition of social media that goes back to the late roman republic. that is first century bc in the point is you do not need a digital network to do social media. you could actually do it in your own face. c
CSPAN
Dec 2, 2013 7:00am EST
tax reform. there's a whole bunch we could work on that would be great. maybe we ought to look at some of those things like health care system costs and what the government is going to be paying in the next few years that is not discriminatory spending. it is getting smaller and smaller because of mandatory programs. they need to take a look at those programs and see what they can do to maybe get that in check. we don't have out-of-control spending and we get caught up in laws that require mandatory spending and we have no flexibility and the debt keeps going up. stacy from arlington, virginia with some of his ideas and some of the short and long- term issues that he thinks congress needs to tackle. nbc the subject of an news.com story talking about congresses to do list for the end of 2013. calling that to do list a might do list. some of the issues on that might in the last month of the year. it notes expiring tax provisions , that more than 60 tax provisions are set to expire at year's end. also on thatalso on that my to-s the medicare reimbursement for doc there's. --for doctors.
FOX Business
Dec 8, 2013 1:00am EST
. remember, if you want to help poverty this isn't the way to do it. the earned income tax credit does it. take this out of politics. take this out of unions. remember, 67% of people that make minimum wage work part time. $53,000 a year is what the average person who makes a minimum wage, that household, makes. this does not do lot for poverty but it does hurt small business. >> does it hurt the young people, the college students who are flipping burgers? they don't want to make a career of it but they're part time and raising the wage would probably get them out of a job. >> actually, i totally disagree with that. there's very little evidence to suggest that. a modest increase in the minimum wage, tying it to inflation, actually has a net job loss. >> they're asking for double. >> i don't think that's appropriate. i support the president's call to raise the mimum wage. as he said in february, tie that to inflation, tie that to cost of living. that makes sense. how can anybody earn a living on $15,000 a year? doesn't make sense. i don't support a whole sale increase of it to 15. i think t
FOX Business
Dec 8, 2013 2:30am EST
taxes in detroit, bring the corporate income tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making it expensive for city government and for businesses to locate in detroit. we think if you combine all of this, that it would be the model for how you would rescue cities across the country but any impoverished area. we have impoverished areas in eastern kentucky. we think this same plan would rescue them and parts of louisville and other major cities. >> maybe the country while you're at it. we have had five years of spread the wealth. you didn't build that. share share economics. where has obama failed detroit? >> here's the problem. the president says let me t
PBS
Dec 4, 2013 3:00pm PST
's pension benefits an cut those benefits, adopted a multimillion dollar tax cut for multinational corporation within that state. so the state is not impoverished. the state is choosing priorities that are different than the citizens have chosen by adopting a constitutional protection of pension benefits. >> woodruff: andrew biggs what about that, and what about the bigger picture here, that the blame, that if there is going to be pain, the pain should be spread, that it shouldn't be mainly or even in large part these people who have worked so hard for these cities. >> uh-huh. i suspect in the case of detroit, it's not going to be mainly or in large part on the pensioners, it going to be mostly on the bondholders who are going to get hit much more. i mean steve is right when he cites the average benefits people receive from pensions. that includes a lot of people who spent a few years in public employment and are getting very small benefits. if you are somebody who spent a full career working for the city of detroit, you would retire with a benefit equal of around two-thirds your f
CSPAN
Dec 9, 2013 7:00am EST
the discussion over the past five years. hikes.looking at tax they are also not looking at significant cuts to medicare, security,or social which are areas republicans say needs to be done. instead we are looking at pretty small things and haggling over whether to have federal employees attribute more to their retirement -- employees contribute more to their retirement plans. thingse also looking at -- a spectrum that is going to be sold to telephone companies. they are looking at a small budget deal that would replace some of the sequester, the automatic spending cuts that were launched in 2011 as part of a but -- part of a different budget process. like can't there right now? why can't there be a grand bargain right now? caller: because republicans and democrats can't agree. all ryan, the chairman of the budget committee, and patty murray decided they were not going to go after the towels of the other party and just try to get something that was possible -- after all these failed budget agreements in the past, look we are not even going to go there this time. we are going to go for someth
CNBC
Dec 3, 2013 7:00pm EST
are entitled to tax credits how do you do that to make sure people aren't submitting fraud. do you have an ain't fraud system, what the inspector general said today they think maybe the system is going need some work and beef up security in order to prevent massive fraud here. whenever money is going out from the federal government in big numbers, they found this out in medicare as well, you have to be very careful about fraud because a lot of people will take advantage. >> eamon javers, thank you very much. now, even while the obama care failures and embarrassments continue to pile up, when will the administration finally admit that it's time to hit the pause problem until all the problems are fixed or maybe the pause button is not set to work until november 2014. that may be closer to truth. here former obama campaign aide, he was briefed by the obama white house on the health care and grace marie turner, she will be testifying tomorrow on obama health care. what's the thrust of your testimony going to be tomorrow? >> the president has said that oh, we don't need to worry about those 5% of a
CNBC
Dec 6, 2013 7:00pm EST
really bad risk pools. all right, so this is going to be budget neutral. not involved with tax payers. what they did not anticipate was that wasn't going on the an isolated problem, but an industry wide problem so then who comes in? the government. i'm sorry did i say if government? i mean the taxpayer. it's a bailout to make sure they don't leave the program after 2014. if they flee the program, the whole edifice begins to collapse. absolutely a bailout. >> as of monday, a good report from "the new york times" and others, as of monday, they're lowering the so-called individual threshold. it used to be $60,000 losses and then the government would help them out and now it's only $45,000. the enrollment is not going to favor the young people. this is a democratic thing. why are you democrats always in bed with the big corporations and this crony capitalism around the big trade you know on the labor? why can't you play it straight? >> and this is the same argument we're having over in the budget world where we don't want to close corporate tax loopholes? >> i want to close corporate tax
CSPAN
Dec 6, 2013 12:00pm EST
, detroit needs less government and more freedom. less red tape, less taxes, more money left in detroit. the answer to poverty and unemployment is not another government stimulus. it's simply leaving more money in the hands of those who earned it. today i'm here to introduce something i call economic freedom zones. this is a bill that will be introduced next week in washington. these freedom zones will dramatically re"uce tax and red tape so detroit businesses can grow and throb. he called his plan a conservative war on poverty. it's time we revisit some of the ideas of jack kemp and expand upon them. the bill that i will introduce, will introduce power and freedom zone. this political lower personal and corporate income taxes in detroit to 5%. my bill will lower the payroll tax, 2% for the employees, 2% for the employers. economic freedom zones will cut out the red tape that keeps new businesses from starting and old businesses from thriving. inside these ozones will suspend the capital gains tax. we will allow all small businesses to deduct most of what they invest in the first year o
FOX News
Dec 6, 2013 2:00pm PST
. because rich people got their tax breaks. until they finally got them put back in. when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the income gap but in a good way, bob, in a good way, because the 1% is going up, 34%, 99%, 4%, but they're going up, so that's a good thing. incoming equality is a misnomer. if the rising tide is rising all boat, raising all boats, that's a great thing. >> how can you say 15 years the top 1% increase of income take home pay is 247% and middle clashgs over the same 15 years, is 15%? you're saying that's equal? >> he's saying the numbers are rising up and that's good. >> it's better for everyone when this happens. >> when the rich people get richer? >> and the poor people get richer, yes. >> before you continue, let me ge
CSPAN
Dec 3, 2013 9:00pm EST
to find violators. what if a president wanted tax cuts that congress would not enact? president george w. bush proposed a reduction in the capital gains rate. have instructed the irs not to tax capital gains at a great greater than 10%? the point is not what you think of president obama's policy decisions. the point is, the president may consistent with the command that he faithfully execute the waiveunilaterally amend, or suspend the law. must resist the delivery pattern of circumventing the legislative branch in favor of administrative decision-making. we cannot allow the separation of powers enshrined in our abandoned into be favor of an undue concentration of power in the executive branch. warned, theison accumulation of all powers, legislative, executive and hands mayin the same justly be pronounced the very definition of tyranny. i introduced mr. conyers for his opening statement. >> top of the morning to my colleagues. the president's constitutional duty to faithfully execute the would be an important issue worthy of hearing by this was anye if there evidence that the president ha
FOX Business
Dec 9, 2013 1:00pm EST
listing means for the exchange. lori: big tax fighting back, some of the sector's biggest names callin: on washington to b government surveillance. their plan straightahead but first time for stocks now, let's head to the floor the new york stock exchange with nicole petallides. stocking sendin extending fridag jobs inspired jump. nicole: that is) jobs inspired jump, without enough to push us over the unchanged line for the week but we did have a nice gain on friday, 200 planes worth. today adding 19 points, that pales in comparison but still end up arrow nonetheless. at least has been kept to the upside up about one-tenth of 1% to a quarter of a percent. it is worth watching the s&p, it is up nearly 27% this year, which is the best year we have seen since late 1998. we have a big deal today. talking about the food company, u.s. foods reached a deal to merge. the total enterprise of the transaction everything included is actually over $8 billion. up 11.5%. back to you. adam: so, deal or no deal. negotiators in the house and senate work to hammer out a budget deal before the house leave
FOX Business
Dec 5, 2013 9:00pm EST
$100 billion. john: you said that? [laughter] to george clooney. >> he says raise taxes. >> to drive a toyota petraeus to the ms -- jemmies but they have a private airplane and i wish i had a private airplane. >> many advocate to raise taxes but well-connected celebrities are quick to use your tax dodges. >> owning acres of land in new jersey but pays only $100 of state property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to see why i wrote the book calling of these people on their duplicity. john: one final example some of the activi
FOX Business
Dec 6, 2013 12:00am EST
] to george clooney. >> he says raise taxes. >> to drive a toyota petraeus to the m -- jemmies but they have a private airplane and i wish i had a private airplane. >> many advocate to rse taxes but well-connected celebrities are quick to use your tax dodges. >>wning acres of land in new jersey but pays only $100 of state property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to see why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so eager to promote anti- capitalist they glamori
Bloomberg
Dec 9, 2013 2:00am EST
japanese companies can stay competitive under his policies. regarding the corporate tax starting next fiscal year, we decided to reduce by 2.4% and we will be moving forward with reviews and studies on how corporate tax should be in order for japanese companies to stay competitive. thee will have a more from exclusive interview throughout the program. >> ukraine. protesters have flooded the streets of the capital among speculation that the president is going to sign up to a russian trade bloc. david tweed is there. angela merkel must be keeping a close eye on that. >> i want to give you an idea on how much of the german media and political establishment -- i want to show the right side the newspaper. this is the picture on the front and is also on the front of several other national newspapers that the statue of lenin was toppled late last night. and then decapitated. this is a big issue for angela merkel. last week, the german foreign with the president will stop some of the opposition of the coalition is quite well known. he's a former world champion boxer. the interesting thing is
CSPAN
Dec 3, 2013 10:00am EST
, by refusing to fine violators? what if they president wanted tax cuts that a president would not enact? to the instrument the irs to decline to enforce the income tax laws? president george w. w. bush proposed unsuccessfully a reduction in the capital gains rate. should he have instead simply instructed the irs not to tax capital gains at a rate greater than 10%? the point is not what you think of any president obama's individual policy decisions. the point is the president may not consistent with the command that he faithfully execute the laws unilaterally amend, way versus and the law. we must resist the president deliver a pattern of circumventing the branch in favor of administrative decision-making. we cannot allow the separation of powers enshrined in our constitution to be abandoned in favor of an undue concentration of power in the executive branch. as james madison warned centuries ago in federalist number 47, the accumulation of all powers, legislative, executive and judiciary in the same hands may justly be pronounced the very definition of tyranny. it is now my pleasure to
CSPAN
Dec 3, 2013 11:00pm EST
. in some instances, require you to file an income tax return. is the constitution capable of ignoring both categories of law? said, several times, congressman garrity, -- cannotthe president refuse to enforce a law because the policy reasons. >> the congress decided that if you possess a controlled substance, you get a certain in prison.ime you may or may not like mandatory minimum sentences, what this administration summarily dispensed with that law. my question to you is whether or not the chief executive ken and failed to enforce categories of law that are permissive and mandatory. >> it is established that the executive branch has prosecutors prosecuteretion -- orial discretion. >> can the president -- let's assume that a statute requires you to have two pieces of identification to purchase a firearm, can the chief executive knock it down to one? >> i guess i would -- -- can achieve executive >> can the chief executive knock it down to one form of identification? of limits onare the presidential pardon authority. >> you would say he could question mark >> under the pardon authority, he
CSPAN
Dec 6, 2013 10:00pm EST
that and lowering the corporate tax rate loopholes in a way that would be a better bargain for jobs in this country. to invest in universal prek. e need to continue to do the things that the president has jobs to rd to attract america from overseas and to n ing home jobs from america companies that are located overseas, bring them home to build on those trends. we need to continue to build on the trends, the positive trends we've seen in the manufacturing sector in this country. epresented by the automobile companies but also by host of signs and ive developments in manufacturing. so the president is not the east bit satisfied or complacent with where we are. that's why we really believes that we ought to have a spirited conversation about what are we going to do to reduce an equality. what are they going to do to jobs se the number of overall. but particularly the number of obs that pay a middle class wage and provide middle class security to families across the country. said in that speech that we done with e of this congress and where congress will take move, he action that he can on his own, fu
CNBC
Dec 9, 2013 6:00am EST
which is trying to make a big stink about this suggesting that they wouldn't, for example, allow tax cuts or other types of things for certain companies and not others, right? this is whether we should have tax cuts. >> this happens all the time. totally incestuous between public and private constantly. look at places like illinois now where any company that stays is getting some kind of a deal except probably the small ones. >> except the small ones. any company of any size is getting a deal. >> maybe the rolls should be across the board nothing? >> no. >> a friend of mine, joannea kagan. >> didn't bob kraft do it in foxborough? >> i don't know enough. >>> let's talk about the next story. if you work on wall street and are considering growing a beard, an article in "the new york times" says that while beards are in fashion right now, that is not the case in the finance industry. i guess it's okay in fashion, it's okay in design. a lot of different areas if you're a helpster but in the fashion world, gentleman, the argument goes it looks like you have something to hide. >> you could
FOX News
Dec 5, 2013 6:00pm PST
white house quietly pass a rule giving unions a huge tax break under obama care? that investigation is next. later, a bus full of kids so out of control the driver had to call the cops. wait until you hear who wound up in trouble. >> [ bleep ] focus on what you're doing. what if you hit somebody? you think it's [ bleep ] funny, look at me like a man. you want to grow up and be a man? look at me like a [ bleep ] man. ] i better take something. [ male announcer ] dayquil cold and flu doesn't treat all that. it doesn't? [ male anner ] alka-seltzer plus fights your worst cold symptoms plus has a fast-acting antihistamine. oh, what a relief it is! >>> from the world headquarters of fox news, it's "the kelly file" with megyn kelly. >>> well, for several weeks now we have seen reports about unions complaining over a new obama care tax that is reportedly pricey. we are trying to learn if this administration has quietly passed a rule giving unions a very big break on that tax. trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan fo
FOX News
Dec 5, 2013 9:00pm PST
a rule giving unions a huge tax break under obama care? that investigation is next. later, a bus full of kids so out of control the driver had to call the cops. wait until you hear who wound up in trouble. >> [ bleep ] focus on what you're doing. what if you hit somebody? you think it's [ bleep ] funny, look at me like a man. mine was earned orbiting the moon in 1971. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a
FOX News
Dec 7, 2013 1:00am PST
with the top of that lead? >> that was a lot of crap. because the rich people got their tax breaks they finally got them put back in. rich people were getting big tax breaks. >> let me ask you this question. >> they're not is what you're trying to say? >> they took the tax breaks away. >> how do you explain the top 1% is outpacing by seven times -- >> how many years during obama's term did they have exactly what this is? >> believe it or not, president obama is wrong. he has widened the income gap but in a good way, bob. in a good way. one percentage going up 34% and 99% going up 4% and that's a good thing. incoming equality is a misnomer. if the rising tide is raising all boats that's a great thing. >> how can you say in 15 years the top 1% increase in income and the middle class, the same 15 years is 40%. do you think that's equal? >> he's saying it's going up. the numbers are rising up. >> i'm saying it's better for everyone when this happens. >> the rich people get richer. >> and the poor people get richer. >> let me get greg in here first. >> this argument about wealth or income inequality
CNN
Dec 6, 2013 3:30pm PST
to create middle-class jobs. please just don't say tax cuts and cutting the deficit. >> can i just start by saying i don't know what anybody has been smoking here, but if you think this is a good economy, then we need to start all over again. what you need -- first of all, 203,000 jobs, i'm glad that we've got that, about you we need to create at least 150,000 a month just to keep our mouths -- let me finish. >> okay. i'm waiting. >> what you need to pay attention to, and david is well aware of this is the labor force participation rate. what we have seen is people, particularly young americans, are opting out, they are giving up, underemployed. that means they're getting part-time jobs. it's about 63%, which is about a 30-year low, which means that 47% of this economy has basically given up until obama. these policies have not created economic growth, and everybody knows it. >> but wait, wait, ants my question. >> i can answer it. >> the house republicans is 40 jobs create bills that are stalled in the senate. >> they're all the same two things. >> no, they're not. they're energy job, t
Al Jazeera America
Dec 9, 2013 5:00pm EST
taxes, and i think we can tackle that over the next couple of days. the most recent gallop polls showed 9% of americans approve of the job that congress is doing. that's the lowest level in modern history. congress has passed 115 bills since january. >> every on single one of these bills have been blocked by washington and the democrats. they continue to stand in the way of the people's priorities. >> reporter: the list of legislation still to be accomplished clue includes the m bill. it expires january 1st. the house and senate are still billions apart on snap, the food stamp program. one of the sticking points has been what to do about dueling probations dealing with sexual assaults in the military. unless congress acts unemployment benefits will expire on 1.3 million americans. >> it's not just the right thing to do for our families. it's the smart thing to do for our economy. >> reporter: president obama used his radio address this weekend to push for an extension. house speaker john boehner said he's open to legislation to continue the benefits. >> we'll get the latest on the delib
CSPAN
Dec 7, 2013 4:00am EST
provide health insurance or pay taxes. this and other subsequently announced the delays do not enforce at all. on the contrary they are merely phasing in the adjustments designed to ensure effective implementation of the statute in accordance with congress purposes. the treasury department announcement makes that clear in the proposed regulations that it has followed through on on september 5 to make that clear as does the treasury statement that it intends to continue fine-tuning those regulations and working with the people affected by them until you become finally effective. and i should emphasize just after the administration took this action, president george w. bush secretary concord the obama administration to delay the mandate was wise. that was based on his experience in phasing in the medicare part d. prescription drug benefit. i have to say hyperventilating about an extraordinary and unprecedented constitutional these delays are is just that. it's contrary to the obvious historical fact. nor is the delay of the employer mandate on the front of the constitution. the framers c
MSNBC
Dec 3, 2013 7:00am PST
to qualify. you can get tax-free money from the equity in your home. you can use the money to pay off your current mortgage if you have one. the remaining money can be used for anything. there's no monthly mortgage payments. and you still own your home! call today to get your free guide and dvd. it explains how a government-insured reverse mortgage works. there's no obligation. one reverse mortgage is a quicken loans company. their licensed experts can answer all your questions. call to find out what a great solution this can be. don't wait, call now! >>> today the administration is fending off a new wave of republican and conservative legal challenges. two states are claiming the irs does not have the power to give tax credits or subsidies to people who buy insurance through the federal health exchange. that is a long shot, although it is one in a series of suits across the country that target the affordable care act. i want to bring in oklahoma congressman james lankford and number five republican in the house. good to see you, congressman, good morning. >> good to see you as well. >> we
FOX News
Dec 4, 2013 7:00pm PST
in detroit simply by lowering the taxes in detroit. >> it's like kemp's enterprise zones on steroids. i looked over the plan. you're calling it the freedom plan. you will give eligible areas a reduction in individual and corporate tax rates. correct? yes. we'll take personal and corporate tax down to 5%. bring the payroll tax down for the worker and employer. and we'll reduce the red tape and let businesses thrive. we'll invite entrepreneurs from around the country and around the world who want to come to detroit and make it like a mini hong kong. there are great things you can do the. it's amazing how much money accumulates not from other parts of the country but just from detroit's tax base if you don't take it to washington. you leave it in detroit. >> you're saying you will reduce the personal tax liability to 5%. can you do that? you're senator rand paul, one senator. how do you accomplish -- i like the idea. i'm asking how you accomplish it. >> well, if i were president obama i would do it by edict. i'm just a senator so we have to pass it as legislation and get the president to s
FOX Business
Dec 6, 2013 9:00pm EST
. >> in the '80s and '0s we did not have just a tax increase of cuts but that have been dip this year that could have called is like having 400,000 jobs crted because we're not in stimulus motive to do more. it wasood news. >> so if we have a government is shut down assembly will have a quarter reported taken off for gdp what a powerful economic engine and then we have third quarter gdp growth of 3.6% iested a couple years it a good jobs ever. i thought the sequester were to be devastating? >>. >> the more it cuts spending the better for the private sector when dispense the dollar i don't understand the logic. >> we pay people borrow money not to work and people are working. that does not make sen. >> to give emergency benefits where does the money come from? >> if we give you a tax cut they will put it in their pocket. >> we have to make sure that people need the jobs and food get it. >> with 47 million people? people largely a pretty good job. >> of course, the we should not said that giving a lot more welfare benefits was better for the economy that it be better with 30 billion forth three or
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